REGISTERED NUMBER: 01755505 (England and Wales)

DAL-STERLING GROUP LTD

Financial Statements for the Year Ended 28th February 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

552

1,655

552

1,655

CURRENT ASSETS

Debtors

6

808,856

808,750

Cash at bank

657

31,321

809,513

840,071

CREDITORS

Amounts falling due within one year

7

(726,604

)

(763,522

)

NET CURRENT ASSETS

82,909

76,549

TOTAL ASSETS LESS CURRENT LIABILITIES

83,461

78,204

CAPITAL AND RESERVES

Called up share capital

66,522

66,522

Share premium

84,170

84,170

Capital redemption reserve

9,524

9,524

Retained earnings

(76,755

)

(82,012

)

83,461

78,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th November 2025 and were signed by:

J A De Moraes - Director

1.	STATUTORY INFORMATION

DAL-STERLING GROUP LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01755505

Registered office:

10 Cross & Pillory Lane

Alton

Hampshire

GU34 1HL

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company is considered a going concern due to the ongoing support of the Director.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2024

and 28th February 2025

490,176

AMORTISATION

At 1st March 2024

and 28th February 2025

490,176

NET BOOK VALUE

At 28th February 2025

-

At 29th February 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2024

and 28th February 2025

48,115

DEPRECIATION

At 1st March 2024

46,460

Charge for year

1,103

At 28th February 2025

47,563

NET BOOK VALUE

At 28th February 2025

552

At 29th February 2024

1,655

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

801,540

801,540

Other debtors

7,316

7,210

808,856

808,750

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

243,358

145,731

Trade creditors

-

230

Amounts owed to group undertakings

293,082

303,276

Other creditors

190,164

314,285

726,604

763,522

Included in other creditors in 2024 the comparative year is £17,777 relating to the Coronavirus Business Interruption Loan Scheme, this is guaranteed by the government.This was repaid during the year to 28th February 2025.

Also included in Other creditors is an amount of £69,826 (2024: £65,258) which is secured by a fixed and floating charge on the assets of the company.

8.	RELATED PARTY DISCLOSURES

Included within Creditors is an amount of £293,082 (2024: £327,276 ) which is owed to a company under common control.

Included in Trade Debtors is an amount of £166,576 (2024: £166,576) owed by a company with common directorship.